Myanmar Energy Storage Peak Power Price

What is the energy demand supply situation in Myanmar?

The Myanmar energy demand supply situation indicates that power generation mix must shift to more coal and hydropower, continued use of biomass, natural gas consumption, and appropriate increase of renewable energy such as solar PV and wind power generation.

How is transport energy consumption projected in Myanmar?

Source: Author’s calculations. In Myanmar, transport energy consumption is projected based on the energy requirements of major sectors (industry, transport, agriculture, and households). The choice of fuel type is determined by available supply, since energy demands must be met mainly by domestic sources.

Does Myanmar have a power supply gap?

Myanmar’s power sector will likely continue to experience significant challenges. To sustain the current level of power supply would require adding 300-500 MW every year until 2030. Scenario analysis on the power supply–demand gap illustrates that available generating capacity is projected to not meet the growing demand.

What is happening in Myanmar's power sector?

Myanmar’s power sector has been severely afected by the ongoing political turmoil. The power sector has been spiralling downward since 2021 with prolonged electricity blackouts throughout the country. Electricity generation has been declining, resulting in a widening power supply–demand gap.